Bank Pictet & Cie Europe AG Increases Position in MercadoLibre, Inc. $MELI

Bank Pictet & Cie Europe AG grew its position in MercadoLibre, Inc. (NASDAQ:MELI) by 47.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,386 shares of the company’s stock after purchasing an additional 1,408 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in MercadoLibre were worth $8,835,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MELI. Bison Wealth LLC purchased a new position in MercadoLibre in the fourth quarter valued at $206,000. Empowered Funds LLC lifted its holdings in MercadoLibre by 6.9% during the 1st quarter. Empowered Funds LLC now owns 760 shares of the company’s stock worth $1,483,000 after buying an additional 49 shares during the last quarter. Focus Partners Wealth lifted its holdings in MercadoLibre by 42.0% during the 1st quarter. Focus Partners Wealth now owns 602 shares of the company’s stock worth $1,176,000 after buying an additional 178 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of MercadoLibre during the 2nd quarter worth about $261,000. Finally, Prudential Financial Inc. boosted its position in shares of MercadoLibre by 19.5% during the 2nd quarter. Prudential Financial Inc. now owns 588 shares of the company’s stock worth $1,537,000 after acquiring an additional 96 shares in the last quarter. 87.62% of the stock is owned by hedge funds and other institutional investors.

MercadoLibre Trading Down 0.6%

MELI opened at $1,718.97 on Thursday. The firm has a market cap of $87.15 billion, a price-to-earnings ratio of 43.63, a price-to-earnings-growth ratio of 0.87 and a beta of 1.49. MercadoLibre, Inc. has a 52 week low of $1,593.21 and a 52 week high of $2,645.22. The business’s 50 day moving average is $1,879.12 and its two-hundred day moving average is $2,051.08. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 0.68.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $11.03 earnings per share for the quarter, missing analysts’ consensus estimates of $11.66 by ($0.63). The firm had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.45 billion. MercadoLibre had a net margin of 6.91% and a return on equity of 33.73%. MercadoLibre’s quarterly revenue was up 44.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $12.61 EPS. On average, research analysts predict that MercadoLibre, Inc. will post 43.96 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Zacks Research raised MercadoLibre from a “strong sell” rating to a “hold” rating in a research report on Friday, February 6th. Weiss Ratings downgraded MercadoLibre from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 8th. Wedbush dropped their price target on shares of MercadoLibre from $2,600.00 to $2,400.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Cantor Fitzgerald cut their price objective on shares of MercadoLibre from $2,750.00 to $2,400.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Finally, Morgan Stanley reduced their price objective on shares of MercadoLibre from $2,800.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,708.67.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: AI-driven advertising is gaining traction at MercadoLibre, boosting ad spend and revenue visibility; this could lift margins and recurring monetization if adoption continues. Can AI-Driven Advertising Growth Unlock Further Upside for MELI? Zacks: AI-Driven Ad Growth
• Positive Sentiment: Analyst commentary and bullish write-ups highlight attractive long-term positioning in e-commerce + fintech across Latin America, supporting upside case for patient investors. Seeking Alpha: Attractively Positioned
• Positive Sentiment: Macro/geopolitical headlines briefly lifted risk assets — MercadoLibre saw an intraday jump after comments signaling a possible de-escalation in the Middle East, showing sensitivity to global risk sentiment. Why MELI Stock Is Up Today
• Neutral Sentiment: Generation Investment Management’s portfolio commentary includes MELI perspectives — useful context on investor sentiment but not an immediate catalyst. Generation Investment Management Views
• Negative Sentiment: Mercado Pago is discontinuing its branded cryptocurrency, Mercado Coin — a sign the company is pulling back from a non-core crypto play; this reduces one product line and could raise questions about prior investments and roadmap execution. Reuters: Mercado Coin Terminated
• Negative Sentiment: Valuation and recent quarterly results remain near-term headwinds — revenue beat but EPS missed expectations, and the stock has pulled back from recent highs as investors weigh margin pressure and execution vs. lofty multiples. Does MELI Offer Value?

About MercadoLibre

MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services.